Washington: The US has slapped sanctions on two individuals linked with the Taliban and the Haqqani network based along the Afghanistan-Pakistan border, barring American citizens from any dealings with them. Bakht Gul, a Haqqani Network communications official, has been designated for acting for or on behalf of Badruddin Haqqani. Abdul Baqi Bari, a Taliban financier, is being designated for providing financial support for or financial services to, the Taliban, Adam...
12:21 PM, May 18, 2012
Washington: The United States will suspend sanctions barring American investment in Myanmar in response to political reforms there, but will keep those laws on its books to discourage backsliding, Secretary of State Hillary Clinton said on Thursday. "Today we say to American business: invest in Burma and do it responsibly," Hillary said during an appearance with Myanmar's Foreign Minister, Wunna Maung Lwin, on the Southeast Asian nation's first official visit...
02:22 AM, May 18, 2012
Naypyitaw: Myanmar's reformist rulers are looking forward to an eagerly awaited easing of European Union sanctions on Monday but celebrations will be muted over a political stalemate delaying Aung San Suu Kyi's historic parliamentary debut. A protest by Suu Kyi's party over a swearing-in vow for its would-be parliamentarians will dent an image of transformation the government wanted to show off on Monday, when the European Union is all but...
09:58 AM, Apr 23, 2012
Paris: European Union governments will suspend sanctions against Myanmar next week, French Foreign Minister Alain Juppe said on Friday, in recognition of rapid political and economic reforms after decades of military dictatorship. "Next Monday we will not lift sanctions but suspend them because we want to check that the regime is progressing on the path of democracy," Juppe told BFM television. "There is progress but we haven't reached the final...
07:56 PM, Apr 20, 2012
Pyongyang: Isolated and impoverished North Korea said on Tuesday it was ready to go ahead with its proposed long-range rocket launch, an announcement that sparked immediate condemnation from South Korea and Russia and a plea from China, its main ally, for calm. The launch of the Unha-3 rocket, which North Korea says will merely put a weather satellite into space, breaches UN sanctions imposed to prevent Pyongyang from developing a...
05:36 PM, Apr 10, 2012
Washington: The winner of the 2012 US presidential elections must be prepared to deal with a potential re-emerging crisis between India and Pakistan and engage with New Delhi over its ties with Iran and interests in Afghanistan, an American expert on South Asia has said. Daniel Markey, Senior Fellow for India, Pakistan, and South Asia, at Council on Foreign Relations (CFR) a Washington-based think-tank said on Friday that the winner...
09:53 AM, Mar 31, 2012
New Delhi: The US is contemplating potential sanctions on 12 countries including India and China for buying crude oil from Iran. A decision is expected by the end of June. The State Department said that Washington is currently in talks with these countries on ways and means to avoid the sanctions. India plans to continue import of crude oil from Iran without violating any international law, Oil Minister S Jaipal...
07:27 AM, Mar 27, 2012
Washington: The US is in touch with several countries including India and Turkey to how to "significantly reduce" their dependence on Iranian oil to avoid American sanctions in this regard, a State Department official said. "We are working hard with India to see if we can help with regard to reducing the country's dependence and the dependence of any of the other countries on Iranian crude, and looking at alternative...
08:26 AM, Mar 23, 2012
Washington: India does not figure in a list of 11 countries, mostly Europeans, identified by the US that would not be subject to American sanctions because of significant reduction in purchase of crude oil from Iran. "I am pleased to announce that an initial group of eleven countries has significantly reduced their volume of crude oil purchases from Iran - Belgium, the Czech Republic, France, Germany, Greece, Italy, Japan, the...
07:41 AM, Mar 21, 2012
New Delhi: Amid US sanctions and accelerated efforts by the West to isolate Iran, a mammoth Indian trade delegation on Friday left for Tehran to explore business opportunities in the oil-rich country. The trade delegation comprises around 70 40 businessmen and exporters and is led by Arvind Mehta, joint secretary in the commerce ministry, and M Rafeeque Ahmed, president of the Federation of Indian Export Organisations (FIEO). They will be...
06:47 AM, Mar 10, 2012
New Delhi: The international nuclear watchdog, the IAEA, will be meeting on Monday in Vienna in order to discuss Iran and its continued defiance of the West sanctions in promoting its nuclear programme. An IAEA team was recently denied access to specific nuclear areas in Iran. The resolution on Monday is likely to ask Iran to stop stonewalling investigation into possible military dimensions to its nuclear programme. There is already...
10:38 AM, Mar 05, 2012
Tehran: Iranians wrapped up a parliamentary election likely to reinforce Supreme Leader Ayatollah Ali Khamenei's power over rival hardliners led by President Mahmoud Ahmadinejad. Iranian leaders were looking for a high turnout at Friday's poll to ease a crisis of legitimacy caused by Ahmadinejad's re-election in 2009, when widespread accusations of fraud plunged the Islamic Republic into the worst unrest of its 33-year history. Iran also faces economic turmoil compounded...
08:15 AM, Mar 03, 2012
Tehran: Iran's ruling political and religious hardliners will face off in a parliamentary election on Friday, echoing a deepening rift in a conservative establishment grappling with economic sanctions over the country's disputed nuclear programme. The election will by the first since the country's disputed presidential election in 2009, when bloody opposition and pro-democracy protests were stamped out by security forces. This time round, reformist groups have said they will boycott...
07:48 AM, Mar 02, 2012
New Delhi: The Government on Thursday moved the Supreme Court seeking review of 2G spectrum scam verdict which held that sanction for prosecution of public servants can be sought even prior to filing of complaints. It contended that "the question of sanction gets attracted only at the stage of cognizance after filing of complaint". The Centre sought review of apex court's January 31 verdict which blamed the Prime Minister's office...
07:16 PM, Mar 01, 2012
Washington: A congressional deadline for the Obama administration to begin enforcing new financial penalties on foreign firms that do business with Iran passed with no fresh action from Washington. While some congressional authors of a bill President Barack Obama signed December 31 expected the administration to announce new punishments on foreign banks, the Treasury Department said it did not have the authority to take that step now. Top administration officials...
05:30 PM, Mar 01, 2012
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